If this is you, you're certainly not the first person we've heard that sentiment from. A lot of people don't know...
- How taxes work
- How to file them
- How to do reduce what they owe
- How to claim deductions and credits
- How to avoid penalties
... we could go on.
The point is, don't be afraid to ask for help with your taxes.
That's what we're here for.
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𝗗𝗼 𝗜 𝗵𝗮𝘃𝗲 𝘁𝗼 𝗳𝗶𝗹𝗲 𝟭𝟬𝟵𝟵𝘀 𝗮𝗻𝗱 𝗪-𝟮𝘀 𝗲𝗹𝗲𝗰𝘁𝗿𝗼𝗻𝗶𝗰𝗮𝗹𝗹𝘆?
The IRS requires electronic filing if you submit 10 or more total information returns, including: W-2s, 1099-NECs, 1099-MISCs, 1095s, and other information returns.
Even if you’re below the 10-form threshold, e-filing is still the cleaner option. It provides instant confirmation from the SSA or IRS and creates a clear audit trail showing when and how your forms were submitted.
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Get married in 2025? Or maybe the reverse?
Either way, a change in your marital status means changes to your tax filing.
Here’s what you need to do now before filing your taxes:
❗️Notify the Social Security Administration ASAP about name changes (or your refund could get delayed).
🏠 Update your address with the IRS, U.S. Postal Service, and your employer so you get tax documents and notices on time.
💰 Check your withholding... it might need adjustment.
🤔 Decide whether you’re filing jointly or separately. Run the numbers to see what makes the most sense for your situation.
(𝘞𝘦 𝘤𝘢𝘯 𝘩𝘦𝘭𝘱 𝘸𝘪𝘵𝘩 𝘵𝘩𝘰𝘴𝘦 𝘭𝘢𝘴𝘵 𝘵𝘸𝘰.)
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"Life's most persistent and urgent question is, 'What are you doing for others?'" - MLKJ
One of the things that should be a priority in life is helping others, both personally and in business.
May we all take a cue from Martin Luther King Jr.'s words today.
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It’s hard to get ahead in this economy. But what makes that climb even steeper?
𝗪𝗿𝗼𝗻𝗴 𝗮𝘀𝘀𝘂𝗺𝗽𝘁𝗶𝗼𝗻𝘀 𝘁𝗵𝗮𝘁 𝗮𝗰𝘁𝘂𝗮𝗹𝗹𝘆 𝗰𝗼𝘀𝘁 𝘆𝗼𝘂 𝗺𝗼𝗻𝗲𝘆.
If any of these have crossed your mind, it’s time for a new perspective:
"𝘐’𝘭𝘭 𝘸𝘰𝘳𝘳𝘺 𝘢𝘣𝘰𝘶𝘵 𝘵𝘢𝘹 𝘴𝘵𝘳𝘢𝘵𝘦𝘨𝘺 𝘰𝘯𝘤𝘦 𝘐 𝘩𝘢𝘷𝘦 𝘢 '𝘳𝘦𝘢𝘭' 𝘯𝘦𝘴𝘵 𝘦𝘨𝘨."
Actually, the strategy is what helps you build the nest egg in the first place.
"𝘛𝘢𝘹 𝘤𝘳𝘦𝘥𝘪𝘵𝘴 𝘢𝘯𝘥 𝘥𝘦𝘥𝘶𝘤𝘵𝘪𝘰𝘯𝘴 𝘢𝘳𝘦𝘯'𝘵 𝘸𝘰𝘳𝘵𝘩 𝘵𝘩𝘦 𝘩𝘢𝘴𝘴𝘭𝘦."
When things are tight, every dollar matters. Don't give the government a "tip" you can't afford.
"𝘐 𝘯𝘦𝘦𝘥 𝘵𝘰 𝘣𝘦 𝘸𝘦𝘢𝘭𝘵𝘩𝘺 𝘣𝘦𝘧𝘰𝘳𝘦 𝘐 𝘤𝘢𝘯 𝘸𝘰𝘳𝘳𝘺 𝘢𝘣𝘰𝘶𝘵 𝘵𝘢𝘹-𝘦𝘧𝘧𝘪𝘤𝘪𝘦𝘯𝘵 𝘪𝘯𝘷𝘦𝘴𝘵𝘪𝘯𝘨."
You don't wait until you've "made it" to protect your growth. You do it now so you can get there.
"𝘚𝘢𝘷𝘪𝘯𝘨 𝘤𝘢𝘴𝘩 𝘪𝘴 𝘵𝘩𝘦 𝘰𝘯𝘭𝘺 𝘴𝘢𝘧𝘦 𝘮𝘰𝘷𝘦 𝘳𝘪𝘨𝘩𝘵 𝘯𝘰𝘸."
Cash feels safe, but inflation and taxes are quietly eating your purchasing power every day.
There is a massive difference between "filing" your taxes and having a strategy for them. If you only look at your finances in April, you’re missing the tools that are available to you right now.
We’re here to help you see those gaps so you can stop guessing and start being intentional with what you keep.
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When do W-2s and 1099s need to be sent by?
Our recommendation: 𝗝𝗮𝗻𝘂𝗮𝗿𝘆 𝟮𝟱.
Technically, the "official" IRS deadline for the 2025 tax year is February 2, 2026. It is pushed back from the usual January 31 because that falls on a Saturday this year.
But we've found that aiming for the final deadline is usually a bit of a trap.
If you file on February 2 and realize the next day that there was a typo or an incorrect address, you are stuck filing a formal W-2c correction. That is a tedious, manual process that no one on your team wants to deal with.
If you file by January 25 instead, you give yourself a "safety window." Most software systems let you delete or replace a submission before the official deadline. That way, it’s never flagged as a formal error by the government.
We suggest aiming for the 25th because it gives you the margin to fix a simple mistake before it becomes a permanent headache.
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Before you file your 2025 taxes, here are a few updates on tax credits that have changed and how they impact your tax situation:
✅ If you’re working and raising kids, the Earned Income Credit is higher again. You could get 𝘂𝗽 𝘁𝗼 $𝟴,𝟬𝟰𝟲 𝗯𝗮𝗰𝗸 (𝘧𝘰𝘳 𝘧𝘢𝘮𝘪𝘭𝘪𝘦𝘴 𝘸𝘪𝘵𝘩 𝘵𝘩𝘳𝘦𝘦 𝘰𝘳 𝘮𝘰𝘳𝘦 𝘲𝘶𝘢𝘭𝘪𝘧𝘺𝘪𝘯𝘨 𝘤𝘩𝘪𝘭𝘥𝘳𝘦𝘯).
✅ The Child Tax Credit is still worth 𝘂𝗽 𝘁𝗼 $𝟮,𝟮𝟬𝟬 𝗽𝗲𝗿 𝗰𝗵𝗶𝗹𝗱 if your child is under 17 and lived with you most of the year ($1,700 𝘰𝘧 𝘸𝘩𝘪𝘤𝘩 𝘪𝘴 𝘳𝘦𝘧𝘶𝘯𝘥𝘢𝘣𝘭𝘦).
✅ If you adopted a child, the adoption credit increased to $𝟭𝟳,𝟮𝟴𝟬 𝗽𝗲𝗿 𝗾𝘂𝗮𝗹𝗶𝗳𝘆𝗶𝗻𝗴 𝗰𝗵𝗶𝗹𝗱 ($5,000 𝘰𝘧 𝘸𝘩𝘪𝘤𝘩 𝘪𝘴 𝘳𝘦𝘧𝘶𝘯𝘥𝘢𝘣𝘭𝘦).
✅ If you help family financially or are planning ahead, you can give 𝘂𝗽 𝘁𝗼 $𝟭𝟵,𝟬𝟬𝟬 𝗽𝗲𝗿 𝗽𝗲𝗿𝘀𝗼𝗻 in 2025 without extra tax issues. (𝘔𝘢𝘳𝘳𝘪𝘦𝘥 𝘤𝘰𝘶𝘱𝘭𝘦𝘴 𝘤𝘢𝘯 "𝘨𝘪𝘧𝘵 𝘴𝘱𝘭𝘪𝘵" -- 𝘨𝘪𝘷𝘦 $𝟯𝟴,𝟬𝟬𝟬 𝘱𝘦𝘳 𝘱𝘦𝘳𝘴𝘰𝘯.)
Not sure which of these applies to you? Send us a DM and let's talk.
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